Mixed-Use Property with Retail
For Sale
Contact for pricing
Pending
2816 W Cermak Rd, Chicago, IL 60623
Large-format retail space is paired with five residential units and supporting offices, inventory rooms, and other facilities.
Property SizeContact for details
Days on Market146
Property Features for 2816 W Cermak Rd
General Information
Standard status
Pending
Property subtype
Retail, Business for Sale
Listing Agency:
RE/MAX Suburban
Listed By:
Jason Bitton · License #IL475170841
(847) 367-8686
Source:
Crexi
Added: Apr 11
Changed: Sep 2
Last Checked: Sep 2 at 7:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Suburban
Investment Insights
Based on property information with market context.
This mixed-use property combines nearly 15,000 square feet of first-floor retail space with five residential units of approximately 1,000 SQ FT each. Two retail entrances serve separate areas measuring 75' x 122' and 50' x 120'; an open walkway connects them into a larger retail environment. The building also includes offices, inventory rooms, and additional facilities.
The property includes 2806, 2814, and 2816 W. Cermak Rd., consisting of two double lots and one single contiguous lot along W. Cermak Rd. and adjacent to S California Ave. Zoned B3-2, the asset is situated in a community shopping district. The five residential units generate rental income, and the retail operation has occupied the location for 50 years.
The property includes 2806, 2814, and 2816 W. Cermak Rd., consisting of two double lots and one single contiguous lot along W. Cermak Rd. and adjacent to S California Ave. Zoned B3-2, the asset is situated in a community shopping district. The five residential units generate rental income, and the retail operation has occupied the location for 50 years.
Key Highlights
- Nearly 15,000 square feet of first‑floor retail space
- Five residential units, each approximately 1,000 SQ FT
- Two connected retail areas measuring 75' x 122' and 50' x 120'
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,802
Businesses Nearby
Explore this area
Business Placement
Demographics for 60623, IL
87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Large-format retail space is paired with five residential units and supporting offices, inventory rooms, and other facilities.
Where is this mixed-use property located?
The property is located at 2816 W Cermak Rd Chicago, IL.
What are key features of this property?
This property features: Nearly 15,000 square feet of first‑floor retail space; Five residential units, each approximately 1,000 SQ FT; Two connected retail areas measuring 75' x 122' and 50' x 120'
